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" "In 302, the Roman emperor Diocletian commanded "there should be cheapness," declaring, "Unprincipled greed appears wherever our armies … march. … Our law shall fix a measure and a limit to this greed." The predictable result of Diocletian's food price controls were black markets, hunger and food confiscation by his soldiers. Despite the disastrous history of price controls, politicians never manage to resist tampering with prices -- that's not a flattering observation of their learning abilities.
Walter Edward Williams (born 31 March 1936 - December 2, 2020) is an American economist, commentator, and academic. He is the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author known for his classical liberal and libertarian conservative views. His writings frequently appear on Townhall.com, WND, and Jewish World Review.
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Market capitalism is the best thing that ever happened to the common man. The rich have always had access to entertainment, often in the comfort of their palaces and mansions. The rich have never had to experience the drudgery of having to beat out carpets, iron their clothing or slave over a hot stove all day in order to have a decent dinner. They could afford to hire people. Capitalism's mass production and marketing have made radios and televisions, vacuum cleaners, wash-and-wear clothing and microwave ovens available and well within the means of the common man; thus, sparing him of the boredom and drudgery of the past. Today, the common man has the power to enjoy much (and more) of what only the rich could afford yesteryear.
In August 2009, MSNBC's Contessa Brewer was discussing a tea party rally in Arizona, where it's legal to carry an unconcealed weapon. She said: "A man at a pro-health care rally... wore a semiautomatic assault rifle on his shoulder and a pistol on his hip... There are questions about whether this has racial overtones, I mean, here you have a man of color in the presidency and white people showing up with guns." All that her audience was shown were a rifle and pistol strapped to a man's back. MSNBC concealed the fact that the armed man was black and did not show the interview he gave to the reporter. Brewer knowingly deceived her audience because an armed black man didn't fit the racial narrative.
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But I think that the Democrats have been very successful in portraying themselves as the caring people, when if you look at the effects of the Democratic Party on Black people I think it’s horrible, it’s horrendous. For example, if you ask the question, “In what cities do Blacks live under the worst conditions—in terms of crime, rotten education, poor services,”—these are the very cities that have been run for decades by Democrats. I don’t care whether you are talking about Philadelphia, Washington D.C., Chicago, or Detroit, it’s all been Democrats. And then on top of it, it’s been Black Democrats! That is, again, if you look at where Blacks live under the most horrible conditions, its in cities where a Black is the mayor, a Black is the chief of police and a Black is the superintendent of schools.